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Source:
The Guardian
Healey's warning on profiteering angers retailers
The UK government, led by Chancellor John Healey, is monitoring for potential profiteering amid rising fuel and food prices caused by ongoing conflict in the Middle East. Healey emphasized the impact of the war on inflation and household costs, warning that prolonged conflict could push the UK into recession and threaten economic stability. Retailers and policymakers are debating measures to manage inflation without imposing price caps, amid concerns about the effects of energy prices and taxation.
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